Changing housing needs driven by working from home and a preference for suburban living
First written in FY2022-Q1. 5 of 7 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2023: 2 of 6 companies on the "Worse" side.
3 other companies' latest entry also says "Other".
- FY2026Rental and renovation markets identified as areas for growthAnnual report
「Given these conditions, a substantial recovery in housing demand, particularly demand for new homes, remains difficult, while the rental and renovation markets are expected to remain resilient.」
While a recovery in new-build demand is expected to be difficult, the market outlook indicates that the rental and renovation markets remain firm. - FY2023-Q2RestatedAnnual report
「In the housing industry, total new housing starts remained firm against a backdrop of changes in lifestyles and working practices during the pandemic. However, by housing type, owner-occupied housing starts fell below the previous year’s level.」
The Company continues to describe changes in lifestyles and working arrangements during the COVID-19 pandemic as factors behind housing demand. - FY2023-Q1RestatedAnnual report
「In the housing industry, total new housing starts remained firm against a backdrop of changes in lifestyles and working practices during the pandemic. However, by housing type, owner-occupied housing starts fell below the previous year’s level.」
The Company continues to describe changes in lifestyles and working arrangements during the COVID-19 pandemic as factors behind housing demand. - FY2022RestatedAnnual report
「Housing demand remained firm, with growing demand for detached homes and renovations in suburban areas amid the entrenchment of working from home during the COVID-19 pandemic.」
The Company continues to describe the entrenchment of working from home, the preference for detached suburban homes and rising renovation demand as changes in housing needs. - FY2022-Q3RestatedAnnual report
「In the housing industry, new housing starts continued to show signs of recovery, supported by increased demand for workspaces as remote work spread and by demand for detached houses in suburban areas.」
The Company continues to describe demand for home workspaces associated with working from home and the preference for detached homes in suburban areas as changes in the housing market. - FY2022-Q2RestatedAnnual report
「In the housing industry, new housing starts continued to show signs of recovery, supported by increased demand for workspaces as remote work spread and by demand for detached houses in suburban areas.」
The Company continues to describe demand for home workspaces associated with working from home and the preference for detached homes in suburban areas as changes in the housing market. - FY2022-Q1First statedAnnual report
「In the housing industry, although the impact of the COVID-19 pandemic remained, new housing starts showed signs of recovery as the spread of remote work increased demand for workspaces and prompted some people to seek detached houses in suburban areas.」
The Company identified for the first time the increase in demand for home workspaces and the preference for detached homes in suburban areas as changes in the housing market accompanying the spread of working from home.